As the economy changes and the American public become increasingly savvy about money management, the full service that a whole life insurance policy provides just isn’t as necessary as it used to be. People who want a more hands on approach to investing are likely to find a whole life insurance policy too limiting. And, the amount of money that one of these policies requires each month can make it difficult to pursue other investment options, especially for middle and lower class families who are living on a budget. A lot of financial experts today feel the investment portions of whole life insurance policies do not offer customers the best return rate on their money. This provides an incentive for people to purchase term life insurance policies which do not include any investment components, and then invest their money elsewhere.

However, there are still some advantages to purchasing a whole life insurance policy. Although the investments that an insurance company will make on your behalf may not be the most lucrative, they will almost certainly be among the most stable. Many people prefer a lower rate of return with a lower chance of loss rather than a riskier gamble. There is plenty to be said in favor of this perspective, especially when it comes to planning for the future. In addition, people who do not have the discipline or inclination to save money on their own often find the structured saving a whole life insurance policy requires to be a boon.

Author

This blog is intended to promote local events, businesses & non-profit organizations through out our network.

Our mission is to promote our clients and help them connect AND build longstanding relationships with members of the local community.

The Arthur D. Calfee Insurance Agency, Inc., is a 2nd generation, family run insurance agency with offices located in Falmouth & North Falmouth, Cape Cod, MA. Arthur began the business in 1980 out of his house, then soon grew to serving over 3,000 people in the area. The agency can offer various competitive Car, Home, Business, Disability & Life Insurance policies. Over the years, the agency has built strong relationships with various insurance companies to offer the most competitive policies in the region. They work with such companies as Arbella, Safety, Encompass, UPC, Plymouth Rock, Travelers, Preferred Mutual, CNA, Lloyds of London, Scottsdale, Lexington, & MPIUA just to name a few.

Davidson Calfee, President of Calfee Insurance grew up in the insurance business by working part-time in the family business.

After college, Davidson completed his Marketing Management Training Program at the Isle of Capri Casino Resort & Hotel located along the Gulf Coast in Biloxi, Mississippi. Then Davidson learned more about the insurance industry when Hurricane Katrina hit the Gulf Coast in September, 2005.

Learning from his past experiences with natural catastrophes, Davidson grew a natural passion to help his home town Cape Cod residents understand insurance and it's complexities.